NEW HORIZON YOUTH HOMES INC (EIN 861014335) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

THOMAS B GRANADO

Phone

4807222730

Tax Period

2024-07-01 to 2025-06-30

NEW HORIZON YOUTH HOMES INC, founded in 2002, is a mid-sized nonprofit in the Human Services sector that reported $18.8M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.4M, a strong 18% operating margin.

Mission

BEHAVORIAL HEALTH SERVICES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $409,862

Program Service Revenue $18,183,324

Investment Income $201,411

Other Revenue $0

TOTAL REVENUE $18,794,597

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,158,514

Fundraising Expenses $0

Program Expenses $11,579,699

Other Expenses $4,187,201

TOTAL EXPENSES $15,345,715

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,794,597	$16,268,782	+0.2%
Expenses	$15,345,715	$13,447,820	+0.1%
Net Income	$3,448,882	$2,820,962	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

251

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$627,113

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS GRANADO	EXECUTIVE DIRECTOR	40.00	Director	$430,375	$37,319	$467,694
MINDY LEON	DIRECTOR	40.00	Director	$132,125	$27,294	$159,419
WYNN GRANADO	DIRECTOR	0.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$18,794,597	$15,345,715	$25,919,293	$3,448,882
2024	No data	No data	No data	No data
2023	$20,883,008	$11,310,029	$18,040,028	$9,572,979
2022	$11,839,895	$11,292,927	$10,399,633	$546,968
2021	$9,020,298	$11,549,415	$13,556,346	$-2,529,117

NEW HORIZON YOUTH HOMES INC